Based on the provided data and market analysis, here is the MELI stock price prediction for 2025:
Technical Analysis
The stock shows strong upward momentum with key support at $1,900 and resistance at $2,300. The recent price action indicates a bullish trend continuation pattern.
Fundamental Drivers
- Strong revenue growth: 42% year-over-year increase to $5.07 billion in latest quarter
- Net income surged 103% to $531 million
- E-commerce penetration in Latin America expected to grow from 11% to 20% by 2026
- Market dominance: 67% of Latin American e-commerce customers use MELI vs 30% for Amazon
Analyst Consensus for 2025
According to multiple analyst reports and forecasts:
- Base Case: $2,244.69 (consensus price target, 6.38% upside from current)
- Bull Case: $2,800 (highest target)
- Bear Case: $1,685 (lowest target)
Key Growth Catalysts
- Expanding e-commerce adoption in Latin America
- Strengthening economic conditions in Argentina
- Growth in credit business and Mercado Pago digital payments
- Improving operational efficiency and margins
2025 Price Prediction
Based on the analysis of technical indicators, fundamentals, and analyst forecasts, MELI stock is expected to reach:
- Most Likely (60% probability): $2,300-2,500 range
- Bullish Case (25% probability): $2,600-2,800 range
- Bearish Case (15% probability): $1,900-2,100 range
The most likely scenario of $2,300-2,500 is supported by:
- Continued market share dominance in Latin America
- Expanding e-commerce penetration
- Strong revenue and earnings growth momentum
- Favorable analyst sentiment with 16 buy ratings and only 1 hold